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last hours, Dwelling amid these yellowing bowers: To himself he talks; For at eventide, listening earnestly, At his work you may hear him sob and sigh, In the walks; Earthward he boweth the heavy stalks Of the mouldering flowers: Heavily hangs the broad sunflower Over its grave i' the earth so chilly; Heavily hangs the hollyhock, Heavily hangs the tiger-lily." "That is very pretty poetry, gentlemen," said Morgenstern, who had come in behind us, "but is it not a little vague? You like it, but you cannot tell exactly what it means. I find the same fault in the picture from my point of view. There is nothing in it to make a paragraph about, no anecdote, no experiment in technique. It is impossible to persuade the public to admire a picture unless you can tell them precisely the points on which they must fix their admiration. And that is why, although the painting is a good one, I should be willing to sell it at a low price." He named a sum of money in three figures, so small that Pierrepont, who often buys pictures by proxy, could not conceal his surprise. "Certainly I should consider that a good bargain, simply for investment," said he. "Falconer's name alone ought to be worth more than that, ten years from now. He is a rising man." "No, Mr. Pierrepont," replied the dealer, "the picture is worth what I ask for it, for I would not commit the impertinence of offering a present to you or your friend; but it is worth no more. Falconer's name will not increase in value. The catalogue of his works is too short for fame to take much notice of it; and this is the last. Did you not hear of his death last fall? I do not wonder, for it happened at some place down on Long Island--a name that I never saw before, and have forgotten now. There was not even an obituary in the newspapers." "And besides," he continued, after a pause, "I must not conceal from you that the painting has a blemish. It is not always visible, since you have failed to detect it; but it is more noticeable in some lights than in others; and, do what I will, I cannot remove it. This alone would prevent the painting from being a good investment. Its market value will never rise." He turned the canvas sideways to the light, and the defect became apparent. It was a dim, oblong, white blot in the middle distance; a nebulous blur in the painting, as if there had been some chemical impur
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